Book Search:  

 

 
Google full text of our books:

bookjacket

The Big Ditch:
How America Took, Built, Ran, and Ultimately Gave Away the Panama Canal
Noel Maurer & Carlos Yu

Hardcover | 2010 | $35.00 / £24.95 | ISBN: 9780691147383
440 pp. | 6 x 9 | 1 halftone. 30 line illus. 48 tables. 6 maps. | SHOPPING CART

eBook | ISBN: 9781400836284 |
Our eBook editions are available from these online vendors

Reviews | Table of Contents
Chapter 1[PDF] pdf-icon

Google full text of this book:
 

On August 15, 1914, the Panama Canal officially opened for business, forever changing the face of global trade and military power, as well as the role of the United States on the world stage. The Canal's creation is often seen as an example of U.S. triumphalism, but Noel Maurer and Carlos Yu reveal a more complex story. Examining the Canal's influence on Panama, the United States, and the world, The Big Ditch deftly chronicles the economic and political history of the Canal, from Spain's earliest proposals in 1529 through the final handover of the Canal to Panama on December 31, 1999, to the present day.

The authors show that the Canal produced great economic dividends for the first quarter-century following its opening, despite massive cost overruns and delays. Relying on geographical advantage and military might, the United States captured most of these benefits. By the 1970s, however, when the Carter administration negotiated the eventual turnover of the Canal back to Panama, the strategic and economic value of the Canal had disappeared. And yet, contrary to skeptics who believed it was impossible for a fledgling nation plagued by corruption to manage the Canal, when the Panamanians finally had control, they switched the Canal from a public utility to a for-profit corporation, ultimately running it better than their northern patrons.

A remarkable tale, The Big Ditch offers vital lessons about the impact of large-scale infrastructure projects, American overseas interventions on institutional development, and the ability of governments to run companies effectively.

Review:

"The history of the Panama Canal's construction, operation, and eventual transfer to the Panamanian government offers a fascinating window on US imperialism in the 20th century. Maurer and Yu provide a deeply researched and highly readable economic history of the canal."--Choice

"[T]his book teaches us important lessons on the global consequences of imperial ventures with particular insights on institutional development, economic and political constraints and power."--Leticia Arroyo Abad, EH.Net

"[T]he authors' sophisticated and persuasive analysis helps illuminate the economic history--and consequences--of the Panama Canal. This book brings new questions and answers to the study of U.S. imperialism and simultaneously demonstrates the usefulness of economic history for a field often dominated by cultural and social methodologies."--Julie Greene, Journal of American History

"The Big Ditch strikes an interesting balance in addressing both the political and economic dimensions of imperialism and the practices of empire, and fills a gap by providing a comprehensive analysis of the Panama Canal through a century of its history."--Joseph Michael Gratale, European Journal of American Studies

Endorsement:

"Meticulously researched and brilliantly argued, The Big Ditch provides a seminal analysis of the economic motivations and consequences of American imperialism. The book is not just about the Panama Canal, but also much more broadly about the nature and legacy of Western colonialism. It will force many of us to rethink what we thought we knew."--James Robinson, coauthor of Economic Origins of Dictatorship and Democracy

More Endorsements

Table of Contents:

List of Illustrations vii
List of Tables ix
Preface xiii
Chapter One: Introduction to the Ditch 1
Chapter Two: Before the Ditch 13
Chapter Three: Preparing the Ditch 55
Chapter Four: Digging the Ditch 97
Chapter Five: Crossing the Ditch 139
Chapter Six: Passed by the Ditch 189
Chapter Seven: Sliding into Irrelevancy 212
Chapter Eight: Ditching the Ditch 264
Chapter Nine: Concluding the Ditch 313
Notes 333
Index 401

Another Princeton book authored or coauthored by Noel Maurer:

Subject Areas:

Shopping Cart:

  • For ebooks:

Our eBook editions are available
from these online vendors:

  • Amazon Kindle Store
  • Apple iBooks
  • Barnes & Noble Nook Store
  • Google Play eBook Store
  • Kno eBook Store
  • Kobo eBook Store
  • Many of our ebooks are available through
    library electronic resources including these platforms:

  • Books at JSTOR
  • Ebrary
  • Ebook Library
  • EBSCO Ebooks
  • MyiLibrary
  • Dawsonera (UK)

  • Shopping Cart:

    • For hardcover/paperback orders:

      For hardcover/paperback orders in the United States, Canada, Latin America, Asia, and Australia

      Hardcover: $35.00 ISBN: 9780691147383

      For hardcover/paperback orders in Europe, Africa, the Middle East, and India, and Pakistan

      Hardcover: £24.95 ISBN: 9780691147383

      Add to shopping cart

      Prices subject to change without notice

      File created: 11/10/2014

    Questions and comments to: webmaster@press.princeton.edu
    Princeton University Press

    New Book E-mails
    New In Print
    PUP Blog
    Videos/Audios
    Princeton APPS
    Sample Chapters
    Subjects
    Series
    Catalogs
    Princeton Legacy Library
    Textbooks
    Media/Reviewers
    Class Use
    Rights/Permissions
    Ordering
    Recent Awards
    Princeton Shorts
    Freshman Reading
    PUP Europe
    About Us
    Contact Us
    Links
    F.A.Q.
    PUP Home


    Bookmark and Share
    Send me emails
    about new books in:
    Political Science and International Relations
    Economics
    World History / Comparative History
    More Choices